Easy_Explosive_Trading

Easy_Explosive_Trading Updated 

Hello, a break below 2523 and there is not much recent support. I have been watching price in a double bottom system and they have so far failed to drive price up much at all. In fact, I think this level might break soon and then below 2523 will bring more sellers in. I could see the weakness early. If you are a more 'green' trader I do not recommend you be...

Easy_Explosive_Trading Updated 

I would prefer to see the 2531 -2532 area taken out first. However, BUY GOLD at current price. The price action is looking healthy. Besides, good consumer confidence can't be ALL-Bad

Easy_Explosive_Trading Updated 

XAGUSD Short setup. Price is retracing back to the neckline. I will be shorting this on a bearish cancer or impulsive move with volume

Easy_Explosive_Trading Updated 

We saw the silver price during Tuesday trading get sucked down by a sell-off in the Gold price due to double-top formation on multiple timeframes. But actually Silver showed price divergence relative to Gold in that it's price held up quite well. Why would that be? Well the Silver Daily chart is so much healthier for Long positions in comparison to Gold which...

Easy_Explosive_Trading Updated 

Good evening, I was saying it all through the New York session that the Gold price still has to break that 2531.65 level if price is to get another imminent retest of the highs set recently in the Gold price. You can see the Topping-formations in the charts & even a bearish Head N Shoulders might be still in play. But it does not end with Gold. Due to...

Easy_Explosive_Trading Updated 

I scanned through all of the lowertimeframes and I saw plenty of price turnaround from the notorious double top sell-off. I see on the mid-timeframes that bitcoin is getting support on the 200ema. My analysis is that Bitcoin is going much much higher soon. The weekly cup n handle system on the weekly is a mammoth system.

Easy_Explosive_Trading Updated 

We saw them hunt down as many Long-stops in Gold as they could & to throw further spanner in the works there is a bearish H 'n' S system on the 30m timeframe for Gold XAUUSD. There is also the same in a 15m timeframe however, this particular one on 15 is too wide for my liking from the head to right shoulder. In other words too many bars have accumulated. But...

Easy_Explosive_Trading

This is a Silver play XAG JPY. Earlier today in the Asian session I noticed some momentum in its price for Longs. Then when I pulled up the Daily I saw the recent negative bearish sell-off on the Daily in relation to the TOPPING formation. But this bearish pattern has completed and price is snapping back. But it gets better!! On this daily chart notice my...

Easy_Explosive_Trading Updated 

Silver has sold off about 0.25% in early Australian trading. I will have another buy order into Silver very soon... Basically, the selling has been ignited due to Double Tops forming across timeframes right through to the 4HR because price action was stalling in the New York rally in getting over the 30 level again for the 2nd time during the Monday session.

Easy_Explosive_Trading Updated 

Please, check out my charts. The 4HR, Daily and Weekly. How bullish is looking for Silver. Today's price-action has already taken out last weeks high. I recommended to many of the traders following me here on TV, to get into a Long position(s) in Silver today. Why? Well without even speculating on the FED making it's move on interest rate reductions & where...

Easy_Explosive_Trading Updated 

Silver is about 9% off it's high price for 2024. I see this trade as a longer term setup going into September. Daily & Weekly Charts are very supportive of the Silver Price. Stop Loss: 28.45 28.45 is right under a fair-value-gap from a bullish candle that formed on 16th Augt. recently. 28.45 is about 4.83% under current price, so represents a very good R:R...

Easy_Explosive_Trading Updated 

I mentioned during yesterday Sunday, that I was very bullish on the Silver price at the moment. It appears to breaking out right now through Tops resistance on the Mid-timeframes. Look for a price retracement for a Long buy. I will get a trade organised in Silver probably closer to the New York session.

Easy_Explosive_Trading Updated 

Guys, one of the companies that does well from a weakening USD is Qualcomm (ticker - QCOM). Qualcomm is a company that will do well with a weakening USD because a lot of its operations are offshore USA. From statista.com: "Qualcomm revenue worldwide 2018-2023, by region Published by Thomas Alsop , Jan 5, 2024 Qualcomm's revenue was a total of...

Easy_Explosive_Trading Updated 

I got a LONG-trade just now on Cryptocurrency QTUM / USD. I don't know much about it but it looks strong on the charts. You can see the bullish W/bottom which is well supported with strength underneath current price on the Weekly with very strong Stochastics very over-sold however they are pressing up hard and through the 20 level which is bullish coming out...

Easy_Explosive_Trading Updated 

This is a great setup that I learnt from another fantastic trader named Rulf who lives in Germany. He is also a professional trader. See how price for bitcoin broke out earlier and the RSI also broke out above the 70 zone on the RSI. Well the way setup works is that you want condolidation in price to occur and a pullback of the RSI back to a level around...

Easy_Explosive_Trading Updated 

This is coming up guys. A short in platinum. It won't be a long trade, this will be a Short.

Easy_Explosive_Trading Updated 

At the Asian Monday opening today Palladium XADUSD rallied strongly but then pulled back under the neckline of the H&S's patterns on the mid-timeframes. See on the chart here where the RSI went into the overbought condition over 70 and it's RSI then pulled back to the 50 but in the last little while the RSI has broken out again. It has a lot of hightime-frame...

Easy_Explosive_Trading Updated 

Why I think our Buy-setup in Palladium today has no much upside. We have a bullish Head 'n' Shoulders on the 4HR timeframe. Right now price is giving you an even cheaper entry point before this pops! So, is there demand for Palladium across the world? Take a read of this article from cmegroup.com Why palladium matters to the growth of the platinum market By...